SSM service stream limited

Curious - what's SSM's Moat?, page-4

  1. 511 Posts.
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    I see them as any other cyclical business. When economy is good, infrastructure spending is up, economy is boomin then ssm benefit. When we have been over developed and there is an over supply vs demand, then spending is cut and ssm gets less work and less new contract. They don’t do anything really special. If you looked at their roe over last 10 years, it’s not spectacular either. Usually a sign of no moat.
 
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Last trade - 14.57pm 18/06/2025 (20 minute delay) ?
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